Line (LN) Lowered to Underperform at Mizuho
Mizuho downgraded shares of Line (NYSE:LN) from a neutral rating to an underperform rating in a research report report published on Wednesday morning, The Fly reports.
Other equities research analysts also recently issued research reports about the company. CLSA raised Line from a sell rating to an underperform rating in a report on Thursday, January 11th. Zacks Investment Research downgraded Line from a hold rating to a sell rating in a report on Wednesday. ValuEngine raised Line from a sell rating to a hold rating in a report on Tuesday, October 31st. UBS Group raised Line from a sell rating to a neutral rating in a report on Tuesday, October 31st. Finally, Deutsche Bank raised Line from a hold rating to a buy rating in a report on Wednesday, October 25th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Line presently has a consensus rating of Hold and a consensus target price of $47.00.
Shares of Line (NYSE LN) opened at $43.67 on Wednesday. Line has a twelve month low of $30.90 and a twelve month high of $47.81.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.watchlistnews.com/line-ln-lowered-to-underperform-at-mizuho/1841301.html.
LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.
Receive News & Ratings for Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Line and related companies with MarketBeat.com's FREE daily email newsletter.